The Nigerian Stock Exchange ended Monday’s trading session in negative territory. The All Share Index closed at 29,809.20 basis points, down 0.29%.
Year to date, the index is down 5.16%.
Top Gainers and Losers: Champion Breweries Plc was the best performing stock yesterday. The stock gained 9.86% to close at N1.56. Glaxo Smithkline Consumer Plc also gained 9.63% to close at N10.25. Prestige Assurance Company Plc gained 9.26% to close at N0.59. LASACO Assurance Plc gained 6.90% to close at N0.31. Mutual Benefits Assurance Plc rounded up the top five gainers for Monday by gaining 5.00% to close at N0.21.
On the flip side, Cement Company Northern Nigeria Plc was the worst performing stock, declining by 10% to close at N12.15. NEM Insurance Plc also fell by 10% to close at N2.52. Ecobank Transnational Inc fell by 9.69% to close at N10.25. NPF Microfinance Bank Plc fell by 7.69% to close at N1.20. Dangote Sugar Plc rounds up the top five losers for the day. The stock shed 7.66% to close at N11.45.
[READ MORE: Cadbury highlights plans to create more wealth for shareholders]
Top Trades by Volume: Zenith Bank Plc was the most actively traded stock yesterday. 355 million shares valued at N7.1 billion were traded in 342 deals. Access Bank Plc was next with 35.7 million shares valued at N240 million traded in 174 deals. Lafarge Africa Plc (WAPCO) was next with 32.5million shares valued at N388 million traded in 511 deals. Guaranty Trust Bank Plc was next with 25.8 million shares valued at N802 million traded in 155 deals. LASACO Assurance Plc rounded up the top five most actively traded stocks on Monday with 14.9 million shares valued at N4.6 million traded in 12 deals.
________________________________________________________________________
Corporate Actions
NPF Microfinance Bank Plc released its financial results for the year ended December 31, 2018.
Gross Earnings increased from N3.6 billion in 2017 to N3.9 billion in 2018.
Profit before Tax dipped from N819 million in 2017 to N287 million in 2018.
Profit after Tax also dropped from N631 million in 2017 to N195 million in 2018.
Presco Plc notified the general public of its 26th Annual General Meeting which will be held at The Dura Club, Obaretin Estate, km 22, Benin Sapele road, Ikpoba-Okha L.G.A. Edo State, on July 24, 2019, at 12.00pm.
READ MORE: Buy/Sell/Hold: Fix your eyes on these stocks for next week
